Cyient, an engineering and technology solutions company, announced that it has fully integrated the Finland based acquired entity, Citec, into Cyient.
Cyient Chairman, Dr. B.V.R Mohan Reddy visited the offices in Vaasa and Helsinki to commemorate this integration into Cyient.
While Cyient has completed 20 acquisitions over its 32-year history, Citec was the largest; in terms of revenue, valuation, number of people, and geographic locations. It was also it’s first in the Nordics region and has provided expanded capabilities in sustainability services and plant engineering.
The event held in Helsinki was attended by the Ambassador of India to Finland and Head of Business Finland for India, the Middle East and Africa.
“I am impressed by the available talent, the ease of doing business, and the robust start-up ecosystem,” Reddy said.
Cyienthas also entered into a Memorandum of Understanding (MoU) with Vaasa-based Novia University of Applied Sciences. The two parties have agreed to partner on research and innovation, education, skill development programs, and recruitment.